I’ve never not had a car payment. I have put 500 toward a payment or I’ve put it in a high interest savings account since i was 19. I’ve gotten incredibly lucky with cars that have never blown up. Every 5 years i buy a new car with cash. I’m 41 and for the first time ever I’m choosing not to buy a new car. I currently have a 2018 WRX limited that’s stock with 65k miles. I desperately want a Corolla GR but the price and interest rate makes it just a stupid decision. I’ve been quoted 25k for my WRX (it’s pristine, like not even a swirl, I’m ocd with my detailing) and it’s not even half the price of a base GR here because of the dealer markups ( if they are ever in stock ).
I’ve never not had a car payment. I have put 500 toward a payment or I’ve put it in a high interest savings account since i was 19. I’ve gotten incredibly lucky with cars that have never blown up. Every 5 years i buy a new car with cash. I’m 41 and for the first time ever I’m choosing not to buy a new car. I currently have a 2018 WRX limited that’s stock with 65k miles. I desperately want a Corolla GR but the price and interest rate makes it just a stupid decision. I’ve been quoted 25k for my WRX (it’s pristine, like not even a swirl, I’m ocd with my detailing) and it’s not even half the price of a base GR here because of the dealer markups ( if they are ever in stock ).